Mexico’s federal police have arrested , the man they believe to be responsible for laundering the ill-gotten gains of drug trafficker Joaquín “El Chapo” Guzmán and the Sinaloa cartel. The 34-year-old Inzunza organized a network of bank accounts under false names in the states of Sinaloa and Jalisco, through which he is alleged to have funneled between $300 and $400 million a year from the drug trade, Mexico’s federal police say.

Álvarez Inzunza, who was on vacation in Oaxaca when he was captured without violence, was arrested on a provisional extradition warrant issued by the US, where he has been charged with money-laundering.